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Ron Paul social security

Our nationâ€™s promise to its seniors, once considered a sacred trust, has become little more than a tool for politicians to scare retirees while robbing them of their promised benefits. Today, the Social Security system is broke and broken.

Those in the system are seeing their benefits dwindle due to higher taxes, increasing inflation, and irresponsible public spending.
The proposed solutions, ranging from lower benefits to higher taxes to increasing the age of eligibility, are NOT solutions; they are betrayals.
Imposing any tax on Social Security benefits is unfair and illogical. In Congress, I have introduced the Senior Citizens Tax Elimination Act (H.R. 191), which repeals ALL taxes on Social Security benefits, to eliminate political theft of our seniorsâ€™ income and raise their standard of living.
Solvency is the key to keeping our promise to our seniors, and I have introduced the Social Security Preservation Act (H.R. 219) to ensure that money paid into the system is only used for Social Security.It is fundamentally unfair to give benefits to anyone who has not paid into the system. The Social Security for Americans Only Act (H.R. 190) ends the drain on Social Security caused by illegal aliens seeking the fruits of your labor.

We must also address the desire of younger workers to save and invest on their own. We should cut payroll taxes and give workers the opportunity to seek better returns in the private market.

Excessive government spending has created the insolvency crisis in Social Security. We must significantly reduce spending so that our nation can keep its promise to our seniors.

Because it is unsustainable and yet another unnecessary tax on the American people for services that quite frankly are outdated. Social security may have been necessary back in the Great Depression era, however in this age it is only becoming a huge burden on this and future generations. We will be dumping more money into it than we will get out of it.

The real problem is we can't just dump it outright because some of the current retirees may depend on it and factored it into their retirement costs, however future generations should be able to opt out of it and pay either a greatly reduced or no social security tax.

Ron Paul 2012

No gym for home, work out floor with 30, but is it for 20 like 30 lb when you no lift it to be for men, for 30 lbs instead? or half is 10 for 20 pounds?

Because it is unsustainable and yet another unnecessary tax on the American people for services that quite frankly are outdated. Social security may have been necessary back in the Great Depression era, however in this age it is only becoming a huge burden on this and future generations. We will be dumping more money into it than we will get out of it.

The real problem is we can't just dump it outright because some of the current retirees may depend on it and factored it into their retirement costs, however future generations should be able to opt out of it and pay either a greatly reduced or no social security tax.

Well in regards to social security, that money should ideally be ours to do what we will with it. A smart person would save it and put it into some type of an investment vehicle, but that is up to that person.

I don't know my companies policies through and through yet, but if they offer it I will be taking advantage of the Roth 401K option. Otherwise I will likely contribute up to their matching point, then contribute additional funds to a Roth IRA.

Ron Paul 2012

No gym for home, work out floor with 30, but is it for 20 like 30 lb when you no lift it to be for men, for 30 lbs instead? or half is 10 for 20 pounds?

I also should mention that I am looking into TIPS - Treasury Inflation Protected Securities. I get the feeling that we will be experiencing some serious inflation within the next few years, especially if the next president doesn't reign in spending. The return on the TIPS could potentially outdo even stocks if inflation is great enough.

Ron Paul 2012

No gym for home, work out floor with 30, but is it for 20 like 30 lb when you no lift it to be for men, for 30 lbs instead? or half is 10 for 20 pounds?

So your saying the government dips in SS to use it on welfare?
Not good.

The government dips in SS for a lot more than just welfare. Look up the "Unified Budget" passed by the democrats back in the 1970s if you're interested. The entirety of SS is filled with nothing but IOUs from the Federal Government.

Ron Paul 2012

No gym for home, work out floor with 30, but is it for 20 like 30 lb when you no lift it to be for men, for 30 lbs instead? or half is 10 for 20 pounds?